BHOPAL GAS TRAGEDY BUSINESS ETHICS ASSIGNMENT Submitted to: Submitted by: Prof. J.S.S. Manian Khem Singh Chauhan FMG 19B 191090 Summary: The Bhopal disaster (also referred to as the Bhopal gas tragedy) is the world's worst industrial catastrophe. It occurred
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Reflection Paper-Week 2-IRAC Brief LAW/531 June 9, 2015 Reflection Paper-Week 2-IRAC Brief The IRAC (issue, rule, analysis, conclusion) is a structured legal analysis process used in problem-solving. Team C will use the IRAC method to present a case heard in the Oregon Supreme Court, Antonio Cortez v. NACCO Material Handling Group, Inc and Swanson Group, Inc. This case is currently pending in the Oregon Supreme Court. Facts
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likely to result in a higher level of compliance performance. Areas of compliance are to include several watchdog organizations and protective measures. These governance include Whistleblower Protections, Section 402A of the Restatement (Third) of Torts; products liability, Sarbanes-Oxley Act of 2002. Additionally, following the various health and safety regulations, clean water legislation, disposal of waste and environmental, and data protection
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Employer’s Duty of Care To what extent are employees required to perform their job with a duty of care? We all know that corporate officers have a duty of care to the corporation that they are employed by. They have an obligation to perform their duties with the care that a person in a like position would reasonably exercise under similar circumstances (Halbert & Ingulli, 2010, p 52). As a fellow employee down on the totem pole, we are held to the same standard to act in good faith in whatever
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A contract is an agreement that is enforceable by law. Modern business could not exist without such contracts. Most business transactions involve commitments to furnish goods, services, or real property; these commitments are usually in the form of contracts. Use of the contract in business affairs ensures, to some extent, the performance of an agreement, for a party that breaks a contract may be sued in court for the damages caused by the breach. Sometimes, however, a party that breaks a contract
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Tyco International | Week 8 Final Project | | | 4/26/2013 | On September 12, 2002, national television showcased Tyco International’s former chief executive officer (CEO) L. Dennis Kozlowski and former chief financial officer (CFO) Mark H. Swartz in handcuffs after being arrested and charged with misappropriating more than $170 million from the company. They were also accused of stealing more than $430 million through fraudulent sales of Tyco stock and concealing the information
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laws and regulations will ensue on making an important business decision. As this assignment unfolds an individual will recognize that developing a new business is far more involved than a person(s) dream, but it involves the laws, regulations, and ethics that pertain to society. Business Concept One: Extermination Business Business concept one provided by University of Phoenix syllabus (2011), indicates “Frank is a wealthy investor who plans to open a chain of exterminating businesses across the
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. Ethics-Whistleblowers Laura Dove Bus 670 Instructor Starcher July 18, 2011 Ethics/Whistleblowers In this ever-increasing society, businesses are becoming more competitive to increase the success of the organization. These organizations must ensure their operations adhere to the specific regulatory guidelines set forth by the government. For this reason, organizations place emphasis on proper management and preventive measures to alleviate risks of legal liability. With
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FRAUD BASICS WHAT IS FRAUD? Fraud, sometimes referred to as the fraudulent act, is an intentional deception, whether by omission or commission, that causes its victim to suffer an economic loss and/or the perpetrator to realize a gain. A simple working definition of fraud is theft by deception. Legal Elements of Fraud Under common law, fraud includes four essential elements: 1. A material false statement 2. Knowledge that the statement was false when it was spoken 3. Reliance on the false
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Business Entities, Laws and Regulations Paper The following paper will discuss two hypothetical businesses and the organizational structure that presents the best choice for each business with consideration for control, taxation, and liability issues. It will address the laws, regulations and risks each business must face. The paper will also include a discussion of a hypothetical situation in which a hiring manager must choose an applicant while considering laws, regulations, and the risks against
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